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  • $687,500

    12 King Street, Biddeford, ME 04005

    6beds
    4,916sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $897,800 Zestimate®
    $140/sqft
    $2,504 Estimated rent

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    $2,504/mo

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    $2,504/mo

    Rent Zestimate®

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    $4,064/mo

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    $4,064/mo

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    What's special

    ''NO FIRE SAFETY VIOLATIONS BUILDING'' JUST COLLECT THE RENT! See attached compliance letter from the City of Biddeford. Very well maintained 5 unit with a maintenance free exterior offering vinyl siding and no lawn to maintain. This urban style location is basically zero exterior maintenance. Non Smoking,No Pets Building.Two brand new apartments.One is currently under construction and will be completed soon. The new completed 1st floor 2 bedroom unit could also make a great owner occupied building. Live for free. Let the other 4 tenants pay the expenses.Current three existing rents of $900, $900 & $1,000 are below market rates and should be increased. Current three tenants are all tenants at will. The $1,650 & $1,550 rents are the two vacant units, and the rents are projected, although accurate and possibly still low.The two vacant units are being left vacant purposely to allow a new owner to allocate the rental amounts they demand. This is a very good solid mechanical & turnkey building. Located in the heart of all down town amenities. 10 minute walk to Amtrak. If you want a GOOD BUILDING, this is the building to preview. 24 HOUR NOTICE REQUIRED.

    Zillow last checked: 8 hours ago

    Listing updated: January 12, 2025 at 07:09pm

    Listed by:

    Realty Sales Inc

    Bought with:

    Real Broker

    Source: Maine Listings,MLS#: 1541379MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Forced Air, Heat Pump, Hot Water, Zoned
    Cooling
    • Heat Pump
    Appliances
    • Included: ENERGY STAR Qualified Appliances
    Features
    • Shower
    • Flooring: Laminate, Vinyl, Wood
    • Windows: Double Pane Windows, Low Emissivity Windows
    • Basement: Interior Entry,Dirt Floor,Full
    Interior area
    • Total structure area: 4,916
    • Total interior livable area: 4,916 sqft
    • Finished area above ground: 4,916
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 1 - 4 Spaces, On Site
    Accessibility
    • Accessibility features: Level Entry
    Features
    • Patio & porch: Porch
    Lot
    • Size: 3,920 sqft
    • Features: City Lot, Near Shopping, Neighborhood, Level, Open Lot, Sidewalks
    Details
    • Zoning: MSRD2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Granite
    • Roof: Membrane,Pitched,Shingle
    Condition
    • Year built: 1890

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Ceiling Fans, Dehumidifier, LED Light Fixtures

    Community & neighborhood

    Location
    • Region: Biddeford